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After weather system Derecho producers were accused of price gouging because bottled water skyrocketed in price. Consumers clamored for price controls to be implemented to

After weather system Derecho producers were accused of price gouging because bottled water skyrocketed in price. Consumers clamored for price controls to be implemented to keep the price of bottled water at pre-Derecho levels. What are the economic consequences of the government placing a price ceiling on bottled water at the previous price? Please explain

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